Bank of Jessica

" Best bank in america "

Bank of Jessica

" Best bank in america "

Stay safe with a credit card

Some ways in which we wish to help you stay safe while using a credit card is paying your bills on time and the full amount. Never make a late payment or you’ll be charged even more than the original amount.If you play on time it benefits you in the future and you would basically be making money off your bank instead of it being vise versa. Another way for you to stay safe is by not buying anything you cannot afford. For instance if you want to buy a top for let’s say $23.00 and you only have money enough to pay your rent don’t waste over the amount of money you have or you will be charged double.

What is credit? -a contractual agreement in which a borrower receives something of value now

What determines if someone gets credit and how much they get?

- How many credit accounts the person has and how good they were at paying monthly bills
- You must be creditworthiness

What are the forms of credit?

-Revolving credit, Charge credit, Installment credit

What costs are associated with credit?

-There is none except for the fact that -there is annual fees or late fees that apply or you can ask personal loan depending on your credit score

What determines if someone gets credit and how much they get?

- How many credit accounts the person has and how good they were at paying monthly bills
- You must be creditworthiness

What are the forms of credit?

-Revolving credit, Charge credit, Installment credit

What costs are associated with credit?

-There is none except for the fact that -there is annual fees or late fees that apply or you can ask personal loan depending on your credit score

FAQ :

Q : What is a credit card?

A : A plastic card issued by a bank, business, etc., for the purchases of goods or services on credit.

Q : Where can you use credit card?

A : Anywhere where they are accepted most commonly stores

Q: What are the benefits and costs of using credit cards?

A : They are more convenient at school, they're useful in an emergency and sometimes the only option.